They were looking to sell off their submarine business unit also. The problem with the selling off these were ALU could not get an offer or the bid was too low.
Ok, "yes officer I'll be happy to cooperate PLEASE DO NOT SHOOT ME”
If you get pulled over now, the first words out of your mouth are “PLEASE DO NOT SHOOT ME”
At a 32% premium the price would be $21.65 for the buy out price.
In case exiting years of zero interest rates won’t be hard enough, Federal Reserve officials have another challenge approaching quickly: when to begin unwinding trillions of dollars of bond purchases that constitute the world’s largest fixed-income portfolio.
Consolidation in the oil & gas has finally started. We will start to see a lot of companies being bought out for some big price tags.
Can we get a generator salesperson to some of these places?
I do not see a break up fee for this deal. FedEx has 40% to 50% of their cash over seas now and this deal will push the percentage up even higher. Are they looking to over HQ to Europe?
Will bad news be good news?
Wal-Mart Stores Inc. is increasing the pressure on suppliers to cut the cost of their products, in an effort to regain the mantle of low-price leader and turn around its sluggish U.S. sales.
The Obama administration wants inflation not deflation. Wal-Mart needs to pressure their suppliers to increase their minimum wages and increase their prices so the US can have inflation like what the Obama administration is looking for. Wal-Mart is trying to move the US economy in the wrong direction. Higher prices are a good thing for the US economy.
Mexico announced in September it would build the new Mexico City airport to relieve congestion and transform the capital into a major regional hub with six runways eventually serving 120 million passengers a year.
The headline unemployment rate doesn't take into consideration the millions of people working part time who really want to work full time, nor does it reflect the millions of Americans who have simply given up looking for jobs.
The next law they will change is a man can marry more than one woman, or a woman can marry more than one man. If they can be supported, you can marry as many times as you want and you can not be refused service any where. I can see a whole group of people on the top of the wedding cakes now, the groom with 2 or 3 brides or a bride with 2 or 3 grooms. They should stop all this decimation on sexual preference.
Why is the news media so much against the religious freedom law? The Indiana governor has said he is going to fix the wording on the law, but the new media is still against the religious freedom law. Why has the news media out to fight against religious freedom?
Investors should sell any equities bought over the past year, hold the proceeds as cash and take a holiday from the market for six months, according to Steen Jakobsen, Saxo Bank A/S’s chief economist.